On the constitutionality of a national bank

Alexander Hamilton was an American revolutionary, statesman, and Founding Father of the United States. In this report of 1791, he advocated a national bank called the Bank of the United States, modeled after the Bank of England. Hamilton believed that a national bank was required to stabilize and improve the nation's credit and to improve the financial order, clarity, and precedence of the United States government under the newly legislated Constitution.